Jean-Philippe Bertschy's questions to Barry Callebaut AG/ADR (BRRLY) leadership • Q2 2023
Question
Jean-Philippe Bertschy of Vontobel inquired about the impact of recent management changes on the leadership of the crucial Gourmet division and questioned the company's M&A strategy, especially in light of competitor activity.
Answer
CFO Ben De Schryver assured that a strong team remains in place to lead the Gourmet division, which continues to be a key growth driver. Regarding M&A, he stated that the company carefully evaluates opportunities but prioritizes its proven ability to grow organically at the right price. CEO Peter Feld added that any potential M&A must align with the company's strategic purpose and that he has experience with various forms of business partnerships.